Jon Heyman reports that the White Sox are not going to exercise Jake Peavy’s 2013 option.
Makes sense give that the option is for $22 million, which is way too much for almost every pitcher out there. Peavy will get a $4 million buyout on the option.
And he’ll make decent money in free agency this year after showing that he’s got his groove back. To date he’s thrown 198 and two-thirds innings, putting any concerns about his durability after his injury-plagued past few years. And he’s been good too, posting a 3.26 ERA, a WHIP of 1.112 and striking out 177.
The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.
Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.
The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.